FAC Explorer

Audit 320300

FY End
2023-12-31
Total Expended
$6.08M
Findings
0
Programs
3
Organization: Telacu Housing-Moreno Valley, INC Dba Telacu Villa 143-11174 (CA)
Year: 2023 Accepted: 2024-09-22
Auditor: Dauby O'Connor & Zaleski LLC

Organization Exclusion Status:

Findings

No findings recorded

Programs

ALN Program Spent Major Findings
14.155 Mortgage Insurance for the Purchase Or Refinancing of Existing Multifamily Housing Projects $5.42M Yes 0
14.195 Project Based Rental Assistance $654,905 - 0
14.195 Covid-19 Supplemental Payments $25 - 0

Contacts

Name Title Type
L2C4KCUJL4D6 Tom Provencio Auditee
3237211655 Claire Baker Auditor
No contacts on file

Notes to SEFA

Title: Note 3 Accounting Policies: The schedule of expenditures of federal awards is prepared on the accrual basis of accounting. De Minimis Rate Used: N Rate Explanation: The Corporation has elected to not use the 10% de minimis cost rate. The balance of the mortgage loan at December 31, 2023 is $5,296,799.